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New US Clarity Act would ban presidents and federal officials from issuing crypto
A new version of the Clarity Act introduced in the US Senate would impose the first-ever ban on federal officials, including the president, from sponsoring or issuing digital assets. The proposal comes amid concerns over conflicts of interest following Donald Trump's promotion of his own memecoins while in office. If passed, it would set a historic precedent for regulating the intersection of political power and the crypto market.
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